For 25 years we wondered why our beautiful chapel conversion in South Cornwall never turned into a profitable rental business.
We first bought our chapel back in 1991 when it was completely derelict. The roof was caving in and we even had to kick out a squatter! It was then fully renovated, but we left in many of the original features giving it a unique and quirky charm.
Over the years we have been through countless rental agencies, but have only ever had a handful of summer bookings. Even more frustrating was that holiday parks in the local area charging £800+/week for a caravan had bookings over the entire summer!
At the time we were paying more than £2500/year in council tax and struggling to justify keeping our property. However, what happened next completely changed our outlook.
I was looking for accommodation for a holiday in Europe when a friend suggested I looked on Airbnb. This was a few years before Airbnb really took off and I had never heard of it.
However, I was blown away by the incredible variety of properties available at far more reasonable rates than the hotels on offer. We had a fantastic first experience, and when I got home I began looking into becoming an Airbnb host.
But renting my property on Airbnb is too risky?
At first, I had reservations about using the service as I was concerned about undesirable guests who might damage our property. However, after the first couple of guests I realised this wasn’t going to be a problem – the trips were completely seamless.
Both guests and hosts are reviewed on Airbnb, so both have a vested interest in ensuring trips run smoothly. Furthermore, the host is in complete control. If a group of ten 18 year old’s wanted to stay, as a host you could easily decline the reservation request.
Additionally, guests have to verify their account with a form of government ID which further builds trust and security.
There’s always somebody in the world who wants to stay!
I joined Airbnb as a host in December and took our first booking over Christmas. We then experienced bookings throughout winter and were fully booked for the summer. Our annual revenues have increased by more than 200%, we can’t believe it! We have now become a ‘Superhost‘ and have over thirty 5 star reviews.
Airbnb has a global market of potential guests, so there is always somebody in the world who wants to stay. Conventional rental agencies, who charge 20-40%, don’t even come close to getting the level of bookings you can get through Airbnb.
I would recommend the service to anyone with a property that suffers from seasonality, such as in Cornwall or Devon.
Don’t have the time or technical know-how? Try Cornwall Airbnb Management
On our way to becoming a Superhost we learnt a thing or two about how to run a successful Airbnb listing. From writing a compelling description to ranking higher in Airbnb search results to setting the right price.
It all takes time and research to determine the most effective strategies. But, luckily we’ve already done the hard work!
Not everyone has the technical know-how or the time to run a successful Airbnb listing, so let us do it for you. At Guesthoo, we specialise in Cornwall Airbnb management and troubleshooting for existing listings. Whether you already use Airbnb, want to use it but don’t have the time, or have never heard of it, we are confident we can increase your rental income.
No set up fees, admin fees or upfront costs!
Our Cornwall Airbnb management package has no set up fees, admin fees or upfront costs, so it’s completely risk free! Ready to find out why so many property owners are turning to Guesthoo? Try us now.